Indonesia's Gajah Tunggal sees 2012 output up 15%

Newswire

JAKARTA, May 29 (Reuters) - Southeast Asia's biggest tyre maker
PT Gajah Tunggal expects its production to rise by up to 15 percent
in 2012 as demand from Europe and Middle East increases and buyers
want more second-tier tyres, a company director said on
Tuesday.
Company director Catharina Widjaja said the euro zone crisis has
led European buyers to buy cheaper tyres from the company instead
of high-quality tyres from other major producers.
The company, which controlled by one of ...

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